I wonder if the banks in the U.S. will someday make you pay to deposit money in them. Or if someday pay you funny money to take out a loan and borrow their funny money. Bank of Japans Negative Interest Rate: How It Works - NDTVProfit.com Bank of Japan's Negative Interest Rate: How It Works - NDTV profit.ndtv.com The Bank of Japan on Friday adopted a negative interest rate policy to spur lending and help drive inflation towards its two-percent target. Of course one bank here only pays 0.1% interest too, so we are not far behind.
They steal money through negative interest rates, inflation targets (money worth less tomorrow than it is today) and printing. It's not the politicians we should be concerned with, it's the jokers at the banks.
Because the jokers at the banks aren't politicians at heart or in some cases the exact same politicians making policy and/or bailing out the "too big to fail" institutions. The Creature from Jekyll Island: A Second Look at the Federal Reserve: G. Edward Griffin: 9780912986456: Amazon.com: Books Worth a read (if a little heavy handed in places).
